Key Equities Index Surges 6%

Updated Nov. 10, 1997 4:02 a.m. ET

SEOUL South Korea -- Share prices soared 5.98% Monday on hopes the government will announce a set of measures to stabilize domestic financial markets.

The Korea Composite Stock Price Index surged 29.62 to 525.32 as 806 issues advanced, 69 declined and 35 closed unchanged. During the session, 492 stocks rose by their daily limits, while 25 fell by their daily limits. A total of 62 million shares, worth 684.76 billion won changed hands...